Explain what determines the level of income, employment, output and prices in our economy.

1. Explain what determines the level of income, employment, output and prices in our economy.

2. Do you think current monetary and fiscal policy is working to help the U.S. economy achieve the three economic goals of full employment, economic growth, and stable prices?

3.  Describe policies you would recommend to the President of the United States to create more jobs and to stimulate economic growth. Analyze the impact these policies would have on job creation and higher income for our economy.